ASIATODAY.ID, RIYADH — Saudi Arabia and Japan have reinforced their growing economic partnership with the signing of 12 strategic memoranda of understanding (MoUs) at the Saudi-Japanese Ministerial Investment Forum, marking a significant step in expanding bilateral investment and trade cooperation.
Held on Sunday under the “Invest Saudi” umbrella, the forum brought together senior government officials and private-sector leaders from both countries.
High-level attendees included President of the Saudi Esports Federation Prince Faisal bin Bandar bin Sultan, Minister of Investment Khalid Al-Falih, Minister of Communications and Information Technology Abdullah Alswaha, and Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa.
The MoUs cover a broad range of priority sectors, including space, finance, agriculture, technology, education, water, and manufacturing. The agreements are aimed at strengthening investment flows, facilitating access to new opportunities, and deepening trade ties between Saudi Arabia and Japan.
Officials said on Monday, January 12, 2026, the cooperation highlights shared interests in key industries such as energy, machinery, and equipment, supporting the expansion of the two countries’ investment partnership in line with the Saudi-Japan Vision 2030 framework.
Beyond the signing ceremonies, the forum featured discussions on Japan’s new growth strategies, Saudi Vision 2030, and progress on major development projects in the Kingdom.
Participants also explored ways to encourage high-value investments by leading companies and to empower the private sector in both countries to capitalize on emerging economic opportunities.
The forum underscored Saudi Arabia and Japan’s commitment to building a long-term strategic investment alliance, positioning their partnership as a key driver of innovation, industrial growth, and sustainable economic development. (SPA)
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